Masakan Tradisional Indonesia

Finally, even a guru like Robert Kiyosaki has to copy MalPF article and post as his own ... just kidding, of course.

the news : Malaysia is destined to double its income in the next 9 years.  In order to achieve that, the "domestic" folks must fork out MYR 94 billions a year until year 2020.  But in 2011, we are behind schedule with only MYR 27 billions domestic direct investment so far. . . .  so the prime minister asked us to invest more locally. Dear boss, I would love to invest into my own land and I also want to double my income.  In order to achieve that, each of my investment . . . well, must turn into a 200% income generator.  Which of our  projects  is generating this kind of return ? Bakun Dam ? Putrajaya ? Cyberjaya ? Greater KL MRT ?  * SMART tunnel ? Penang / Singapore Bridges ? Iskandar Malaysia ? Karambunai Sabah ? * 100 storey tower ? Do let me know as I wasn't aware of such a great domestic investment opportunity before. However, if you just need donation, then just say so lah.  I will still give one ... Love, MalPF...

Should you tag along ? Well ... its always good to be a part of the 'main stream' .... :) if you know when to get out .... before anyone else.

I was once young and naive. Banks are so big, earn so much money that they wouldn't bother to cheat my money. Its safe to leave everything to them and they will take good care of my money, especially when I am not a big user ... but ... Notice in this statement that previous left over balance is only 1 cent. As a matter of fact, this account has been having 1 cent balance for 2-3 months. Recently I had to use up to RM 100 so that I can use ALL the points to exchange for food voucher before cancelling it. Suddenly there is a finance chargees of 22 cents. How in the world can there be a 22 cents finance charges out of a 1 cent balance ? The finance charge is 16%. After digging out the whole Eon team including the highest management demanding for an explanation, no one can answer that except apologizing and waiving the said ridiculous calculated fee. I couldn't help to think how many people out there have been abused by such system bug ? 22 cents x 10 million EON credit c...

A short while ago, I wrote that charging MYR50 to credit card users is an ineffective way to reduce credit card debt. I even predicted that government would soon realize this mistake and relax in execution later on. Quite a few large finance institutions thinks the same too. But of course they have their own agenda. But I was wrong. Life is never monotonous. Personal Finance is NOT just about personal and finance. If you live on a land that has a country name, there are politics. And Politics matter, especially in this case. This is my Right ! I can DO THIS and I AM DOING IT !! Perhaps we push too fast, too strong and making our finance ministry looks like a fool. Hence, our TOP decision maker has now publicly declared that HE is going to charge the MYR 50 NO MATTER WHAT ! Rumors or insider news, bankers are warn NOT to absorb the MYR 50 or else they will face indirect penalty withdrawing other facilities have been given to them. HE is very determined to collect this MYR 55...

Seeing that credit card debt has reached a serious and dangerous level, Malaysia government will start imposing MYR 50 fee on each credit card hoping people will reduce the use of credit cards and therefore reduce debt. Although it may sound rational to some people, but its actually somehow a bit funny ... For those who keep credit cards in closet, they actually use the cards as emergency loan facility . Admitting to hospital will go through smoother with a gold card etc. These people did not owe any credit card debt, they were NOT part of the problems to start with. But now they are affected and has to cut off some of these FREE loan facilities. Credit card debt NOT reduced, good people's personal finance affected. Some pay off their credit cards in full every month. They use card so that they don't have to bring lumps of cash around. They were NOT part of the debt problem but now they need to take more risk bringing more cash with them. Credit card debt NOT reduced,...